Tech Company Trading Technologies Joins Forces with Thoma Brado for Ongoing Expansion under 7RIDGE's Guidance
Thoma Bravo and 7Ridge Partner with Trading Technologies for Growth
In a strategic move to support the next phase of growth for Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, financial firms Thoma Bravo and 7Ridge have agreed to partner with TT.
7Ridge, a specialized growth equity firm focused on transformative technologies for financial services, acquired TT in December 2021. Thoma Bravo, a leading software investment firm, will now join forces with 7Ridge to bring their combined financial, operational, and industry expertise to TT.
This partnership aims to transform TT into a broad multi-asset platform serving institutional clients globally. The goal is to position TT as the "operating system for the capital markets" by enabling it to meet the increasing market demands for speed, reliability, and next-generation innovation.
Oliver Wyman, Barclays, Proskauer, Goodwin Procter LLP, and Houlihan Lokey have been appointed as TT's market and commercial advisors, financial advisors, and legal advisors, respectively. A.J. Rohde, Senior Partner at Thoma Bravo, believes TT is poised for meaningful and accelerated growth. Justin Llewellyn-Jones, TT's CEO, expresses confidence in this partnership, stating that it will continue to deliver exceptional value to customers and unlock new avenues for company growth.
The transaction is expected to close in Q4 2025, subject to regulatory approval, but the terms remain undisclosed. George Jaber, a Principal at Thoma Bravo, will provide TT with operational guidance and resources to accelerate innovation. The partnership between Thoma Bravo and TT marks a new era of growth for Trading Technologies.
The partnership follows a comprehensive review of suitable investors for TT. Both Thoma Bravo and 7Ridge express confidence in TT's role within financial markets infrastructure. This strategic alliance is set to bring about significant changes in the capital markets technology sector.
[1] Trading Technologies International, Inc. (TT) [2] Thoma Bravo [3] 7Ridge [4] Oliver Wyman [5] Barclays [6] Proskauer [7] Goodwin Procter LLP [8] Ardea Partners LP [9] George Jaber [10] A.J. Rohde [11] Justin Llewellyn-Jones [12] Houlihan Lokey
- With the strategic alliance, Thoma Bravo and 7Ridge will work together to revolutionize Trading Technologies (TT), providing financial, operational, and industry expertise from both firms.
- This partnership positions TT as a potential leader in the financial technology sector, with a focus on transforming the company into a broad multi-asset platform that caters to institutional clients globally.
